0
Why Charts Are Your Best Friend
Posted by Stock Online Trader on September 10, 2008 in Basic Material Sector, Gold, Technical Analysis, Technology Sector
Yesterday I loaded up KGC and RIO. Special thanks to dumb-ass Cramer for his predictions. KGC up 5.8% for the day. Surprizingly gold is down to 759$ level. RIO up 5.3% for the day. Lets see if it was a dead-cat bounce or time for some reversal. Both were over-sold and due for the bounce [...]
The Lehman Story: Are They Off The Hook ?
Posted by Stock Online Trader on September 10, 2008 in Earnings, Finance Sector
Lehman Brothers tried to bolster investor confidence by releasing quarterly results and announcing measures to keep the firm afloat. A day after trouble for investment bank Lehman Brothers (LEH) started a broad stock sell-off, major stock indexes opened higher Wednesday when Lehman made a series of surprise announcements designed to bolster investor confidence. On Tuesday, [...]